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7234 Madison Street

Forest Park, IL 60130
  • $584,900
  • STATUS: Active Under Contract
  • ON SITE: 387 Days
  • MLS #: 10933952
Under Contract
UPDATED: 221 min ago
$584,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,160
    SQFT
  • $113
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1904
County:
Area:

School Ratings & Info

Description

ORIGINALLY THIS BUILDING WAS A FAMILY RUN GROCER. PASSED DOWN THROUGH 3 GENERATION. LOCATED IN THE HEART OF DOWNTOWN FOREST PARK. JUST BLOCKS FROM RUSH OAK PARK HOSPITAL. UNION PACIFIC METRA LINE IS JUST FOUR BLOCKS NORTH AND THE CTA BLUE LINE IS JUST FOUR BLOCKS TO THE SOUTH. THE SECOND AND THIRD FLOORS CONTAIN FOUR NICE 2 BEDROOM 1 BATH UNITS WITH HARDWOOD FLOORS. EACH UNITS APPLIANCES ARE INCLUDED. EACH UNIT HAS A MONTH TO MONTH TENANT AT THIS TIME. RENTS COULD BE MUCH HIGHER. UTILITIES PAID BY TENANT VARY. HEATED ENCLOSED PARKING FOR APARTMENT TENANTS ONLY. COMMERCIAL SPACE IS 1500 SQUARE FEET AND IS OCCUPIED BY A YOGA STUDIO WITH MULTI-YEAR LEASE. BATHROOM, OFFICE & STORAGE INCLUDED ON FIRST FLOOR WITH ACCESS TO ATTACHED GARAGE FOR ALLEY DELIVERIES. CALL TO MAKE AN APPOINTMENT. INTERIOR PICTURES WERE TAKEN WHEN THE PRIVIOUS TENANT OCCUPIED THE SPACE (DEFIANT COMICS)

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-12-07T23:58:21.743 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7234 Madison Street Forest Park, IL 60130

  • Price: $584,900
  • Status: Active Under Contract
  • On Site: 387 Days
  • Updated: 221 min ago
  • MLS #: 10933952
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,160
SQFT
$113
$/SQFT
1904
Built
Neighborhood:
Forest Park
County:
Cook
Area:
Forest Park
Property Description
ORIGINALLY THIS BUILDING WAS A FAMILY RUN GROCER. PASSED DOWN THROUGH 3 GENERATION. LOCATED IN THE HEART OF DOWNTOWN FOREST PARK. JUST BLOCKS FROM RUSH OAK PARK HOSPITAL. UNION PACIFIC METRA LINE IS JUST FOUR BLOCKS NORTH AND THE CTA BLUE LINE IS JUST FOUR BLOCKS TO THE SOUTH. THE SECOND AND THIRD FLOORS CONTAIN FOUR NICE 2 BEDROOM 1 BATH UNITS WITH HARDWOOD FLOORS. EACH UNITS APPLIANCES ARE INCLUDED. EACH UNIT HAS A MONTH TO MONTH TENANT AT THIS TIME. RENTS COULD BE MUCH HIGHER. UTILITIES PAID BY TENANT VARY. HEATED ENCLOSED PARKING FOR APARTMENT TENANTS ONLY. COMMERCIAL SPACE IS 1500 SQUARE FEET AND IS OCCUPIED BY A YOGA STUDIO WITH MULTI-YEAR LEASE. BATHROOM, OFFICE & STORAGE INCLUDED ON FIRST FLOOR WITH ACCESS TO ATTACHED GARAGE FOR ALLEY DELIVERIES. CALL TO MAKE AN APPOINTMENT. INTERIOR PICTURES WERE TAKEN WHEN THE PRIVIOUS TENANT OCCUPIED THE SPACE (DEFIANT COMICS)
Exterior Features

Docks Drive-In Doors Exterior Building Type Brick Foundation Details Stone Frontage Type City Street Outdoor Parking None On SiteCommon Parking Parking Total 4 Roof MembraneRubber Roof Structure FlatWood Joists Water Drainage Floor Drains

Interior Features

Cooling Central IndividualWindow Unit(S) Fireplaces Total 0 Flooring VariesVinylWood Heat Ventilation Hot WaterRadiatorsOperable Windows/Systems Vary-Call List Agt Miscellaneous Inside Inside Corridor/SMulti-TenantOverhead Door/SStorage InsideBasement Number Of Dishwashers 0 Number Of Dryers 1 Number Of Ranges 4 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 5160 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Current Use Commercial Electric Other Fire Protection Alarm MonitoredAlarm On SiteFire Extinguisher/SSmoke Or Fire Protectors Geographic Locale East/West Corridor Gross Income 63180 Gross Scheduled Income 63180 Insurance Expense 1200 Location Central Business DistrictMixed Use Area Net Operating Income 39317 Number Of Tenants 5 Operating Expense 23863 Ownership Types Sole Proprietor Possible Use CommercialCondominiumRetailSpecial Use Rental Price 20 Tax Annual Amount 16836 Tax Year 2019 Tenant Pays ElectricityVaries By Tenant Total Monthly Income 5265 Township Proviso Type Mixed Use Utilities Electric To SiteGas To SiteSanitary SewerSewer-Storm AvailableWater-MunicipalWater To Site Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Mid-America Realty & Investment.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-12-07T23:58:21.743 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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